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Demand for Bitcoin could grow by up to 10X within 12 months: Michael Saylor
With the Bitcoin halving just months away, MicroStrategy co-founder and Bitcoin bull Michael Saylor thinks that demand for BTC could grow by as much as 10X by the end of 2024. During a speech at the 2023 Australia Crypto Convention on…
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3 theses that will drive Ethereum and Bitcoin in the next bull market
After 2021, we entered an era in cryptocurrency where people stopped talking only about financial decentralization and started to broadly discuss the tokenization of everything, thanks in part to nonfungible tokens (NFTs).This shift…
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Exploited MEV Bot Incurs $2M Loss in Curve Pool Swaps: Data
According to PeckShield Alert data, an unknown Miner Extractable Value (MEV) bot has fallen victim to a hack, causing a loss of approximately $2 million.
The incident, which took place in the renowned curve pools, has…
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Genesis seeks court’s approval to reduce Three Arrows Capital claim from $1B to $33M
Bankrupt cryptocurrency lender Genesis has asked the court to approve its proposed settlement agreement with imploded crypto hedge fund Three Arrows Capital (3AC).According to a court filing on Nov. 9, Genesis argued that the 3AC debtor…
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CME Surpasses Binance in Bitcoin Futures Market Share
It finally happened—the Chicago Mercantile Exchange (CME) has usurped Binance to become the largest Bitcoin futures exchange.
This shift in dominance, as reflected by open interest (OI), signals a potential pivot towards institutional…
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Crypto charities can exploit ‘gambler’s fallacy’ to reap larger donations — Study
A team of academic researchers from the United States recently published a study exploring how the “gambler’s fallacy” affected cryptocurrency donations. Their findings indicate that organizations accepting crypto donations could benefit…
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NFT Industry Stages a Comeback After Dwindling Sales: Nansen
Non-fungible token (NFT) was one of the worst-hit sectors in the digital asset industry, following a year-long downward trend.
Dwindling sales and low volume raised doubts about the sustainability of NFTs. However, the…
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Proof of Stake Alliance updates recommendations for staking providers
The Proof of Stake Alliance (POSA), a nonprofit organization that represents firms in the crypto staking industry, published an updated version of its “staking principles” on Nov. 9.Previous version of the POSA staking principles.…
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Bitcoin Long-Term Holder Supply at an All-Time High Amid BTC’s Rally to $37K: Glassnode
With the next Bitcoin halving event less than five months away, long-term BTC holders have remained bullish, refusing to let go of their assets.
According to a weekly report from on-chain market intelligence platform…
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HKEX-listed tech firm launches $15M Bitcoin fund
Linekong Interactive, a gaming and film production company headquartered in Beijing and listed on the Stock Exchange of Hong Kong (HKEX), is allocating $15 million to invest in projects building on the Bitcoin network.Wang Fang, the…
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